BNB at a Knife's Edge! š¤Æ
Entry: ~890 š©
Target: 1100+ šÆ
Stop Loss: 850 š
We're staring down a critical juncture for $BNB. The price is hugging a massive long-term demand zone around $850-$890, after a significant expansion and correction. Sellers are exhausting, and stability is setting in.
The bullish path? Hold $850, reclaim $950-$1000, and we're looking at a higher low, targeting $1040 then $1100+.The bearish path? A break below $850 on a strong daily close could send us to $800-$780.
This isn't FOMO territory, nor is it panic. Patience is key. Wait for confirmation above $950 or below $850.#BNB #CryptoTrading #Altcoins #TradingSetup
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BNBUSDT
Perp
889.65
+0.39%
